TAMAN CHERAS (FORMERLY YULEK HEIGHTS)

TAMAN CHERAS (FORMERLY YULEK HEIGHTS) in Kuala Lumpur, Kuala Lumpur recorded 5 subsale transactions in 2022, with a median price of RM 672K and a median price per square foot (PSF) of RM 1,023.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 672K, with most transactions falling within a stable range of RM 655K to RM 375K, and a typical market range of RM 340K to RM 375K.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

For price per square foot, the median is RM 1,023, with most transactions between RM 997 and RM 1,050. The usual range is RM 716.50 to RM 1,329.50, showing that most units are priced quite close to each other. With an IQR of RM 613.00 and MAD of RM 27, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.